Displaying all content tagged with the region Asia.
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Asia
The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…
May 25, 2011
There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…
May 25, 2011
Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…
May 25, 2011
The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…
May 25, 2011
In this special episode of Korean Kontext, KEI's Juni Kim sat down with three North Korean defectors who have settled in South Korea. Each of them has a different story…
May 26, 2017
On May 10, former human rights lawyer Moon Jae-In officially became the next president of South Korea, filling an office that had been empty since former President Park Geun-Hye's impeachment…
May 10, 2017
The upcoming presidential election in Korea on May 9th will place many key issues under the microscope. One meriting serious consideration that has featured less prominently in the political discourse…
May 4, 2017
After the closure of the Kaesong Industrial Complex last year, economic ties between North and South Korea have all but ceased. And as sanctions measures continue to tighten, the international…
April 24, 2017
August 24 of this year marked the six-month anniversary of the beginning of Russia’s invasion of Ukraine. In February, Moscow massed a hundred thousand troops along its border with Ukraine, all the while sanctimoniously proclaiming that it had no intention to invade. Expectations in Moscow were that Russia would quickly overthrow the government led by…
August 31, 2022
Following his inauguration in May 2022, President Yoon Suk Yeol announced that his administration would devise South Korea’s own Indo-Pacific strategy, which would consequently take the place of his predecessor’s New Southern Policy. The exact details of the strategy are yet to be announced, but South Korea’s past and ongoing foreign engagements provide an initial…
August 30, 2022
The steep decline in Korea’s fertility rate has created concern. In 2020, the number of deaths exceeded the number of births for the first time, according to census data from the Ministry of Interior and Safety. The Ministry stated that “amid the rapidly declining birthrate, the government needs to undertake fundamental changes to its relevant…
August 29, 2022
On August 9th, President Biden signed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act to boost U.S. investment in the semiconductor industry and incentivize domestic manufacturers. Some of its major provisions incentivize investment in the United States by major foreign chip manufacturers, namely those from Taiwan and South Korea. Framed as a…